* Geopolitical developments are expected to influence the markets in which Forfarmers is active in 2017

* FY volume total feed: 2.5 pct increase to 9.3 million tonnes,

* The volatility in raw material prices and on the currency markets is also expected to continue

* In particular, changes in the valuation of the Pound Sterling affect the consolidated results of Forfarmers

* Expects to invest approximately 40 million euros to 45 million euros (previously 35 million euros) both in 2017 and in 2018

* The investments for operational efficiency projects should lead to a further improvement of the underlying EBITDA/gross profit ratio

* Reiterates guidance for medium term of an on average annual increase of underlying EBITDA in mid single digits at constant currencies, barring other unforeseen circumstances

* Proposal to initiate a limited share buy-back programme ending ultimately October 2018, of an amount ranging between 40 million euros and 60 million euros

* Expects to see a downward trend in the number of FTEs; relating plans should lead to cost savings of at least £5 million by 2020 Source text for Eikon: Further company coverage: ($1 = 0.9393 euros) (Gdynia Newsroom)